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20121204
20121204
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: mr. president? the presiding officer: the senator from michigan. ms. stabenow: thank you, mr. president. mr. president, i rise today to bring attention a critically important piece of legislation that the senate has passed and that the house needs to pass immediately. it passed the senate with bipartisan support. there are those on both sides of the aisle in the house of representatives that support passing it and i'm here to urge in the strongest terms possible that the speaker bring this bill up before the house and get it passed. now, many people, because of my speaking in the past, may be i'm referring to the farm bill, which i also believe we need to have the house take up and pass, because of our bipartisan work, but i actually after referring today to the fact that we have only 27 days until we go over the fiscal cliff, or for middle-class families, what this means is 27 days before their taxes go up on average $2,200. so what we're talking about is the fact that we passed a bil bill -- we didn't just pass a bill. we passed a bill in july, july 25 of this year, the sen
in michigan. >> jim, booyah. i'm holding sprint and i've had a descent gain. i don't want you to take that gain. i want to buy one. do not sell sprint it is a good one. matt in michigan. i was wondering about toyota or ford. i pulled up with the subaru guy. i prefer ford to toyota. >> tracy in arkansas. >> yes, booyah. >> ctlp or cplp. >> okay yeah. it is an mlp. we are going with the tried and true. let's go to bo in missouri. i don't think it does anything either way. i want to buy berkshire hathaway. let's go to corey. >> how about the red skins? >> alfred morris has put me 7 and 6. the pringles is good. management has it together and that is for me. and that is the conclusion of the lightening rount. coming up. rise above. cramer is keeping you one stead ahead. tonight he is getting information from the ceo of national bank. na fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement peo
. by state, it's california, michigan, texas, and georgia leading the way with the most completed foreclosures this year. joining us on set this morning is mary jones. she is the executive director agora community services. good morning to you. > > good morning. thank you for having me. > absolutely. we were hoping you could give us a sense of what is happening with people out there who are underwater still with their homes or facing foreclosures. how are they doing? > > they are not doing very well, and it is sad; however, there are opportunities to bring a recovery to those homeowners. one of them is the independent foreclosure review. that is a process where the federal reserve board has determined that between january 2009 and december 31st, 2010, there were foreclosures that should never have even happened. so, our job, or the dilemma that we are having, is getting the word out to those homeowners that may have left their homes and still are struggling, but they have an opportunity under the independent foreclosure review to either get their homes back even, or have compensat
-- >> indiana, michigan. david: that stands in stark contrast to what's happening inside the beltway. even one of your own, harkin, the united states senator from the great state of iowa said it's better to go off the fiscal cliff than not to have a rise in tax rates, and he said, quooe, "no deal is better than a bad deal," and a bad deal for him is not letting tax rates go up. what do you think of that? he's one of your own. >> well, unfortunately, we've got too much partisanship in washington, d.c.. the american people want the leaders, both the president and the congress to come together, make the tough decisions. it's going to take both. it's going to take the revenue, but it's also going to take fundamental reform of spending. you cannot spend a billion dollars more than you take in every year or there's fiscal ruin, and with the amount of baby boomers retiring over the next several years, they are going to have to deal with things like medicare, medicaid, and social security if we're going to resolve this thing for the long term, and, frankly, iowa farmers and small businesses will be hi
. for what purpose does the gentleman from michigan seek recognition? >> unanimous consent to revise and extend. the speaker pro tempore: without objection, the gentleman from michigan is recognized for one minute. mr. levin: the discharge petition frames the issue immediately before us. where republicans take america over the cliff and the middle class tax cuts with them. in order to protect tax breaks for the very wealthy. and will they take the economy with them over the cliff? the fiscal cliff confronting us threatens an economic mess, half of which could be resolved in one fell swoop by passing the middle class tax cuts. the senate has already acted, the president is waiting to sign it. republicans should join with democrats and give 98% of americans and 97% of small businesses the certainty that they won't face a tax increase on january 1. colleagues, republicans as well as democrats, sign now, the signal that america needs. the speaker pro tempore: the gentleman from michigan yields back. for what purpose does the gentleman from south carolina seek recognition? without objecti
'm flabbergasted that they did that! >> stephanie: yes. mernii in michigan. hi, merni. >> caller: hi steph. i'm going to take you off of speaker. >> stephanie: all right. thank you go ahead. >> caller: i wanted to make a follow-up to one of the things that you just brought up that these businesses like wal-mart and a lot of them don't want to pay more than basically minimum wage and then not even have people working a full -- you know a full workweek. >> stephanie: right. >> caller: and basically they -- on top of that they are forcing these people to go and get additional services -- >> stephanie: yeah i just read the story corporate profits literally an at all-time high. >> caller: exactly. yeah, and it's just frustrating because then wal-mart and these other businesses are going to the government and saying they need help with trying to provide healthcare for their workers and other things and it's kind of like, you know if you don't want to provide welfare for the lower-class people, why would you think you are entitled to making all of these profits that you are?
: philip. michigan. democratic caller. caller: thank you. this is not so much a tax question. i used to work for a food company in 1972 that was very large, employing 3000 or more, closing in 1985. people here have lost their jobs. why does the government not do something to cut their jobs? for instance, do we really need the cia, the federal marshals here and there? why do they not get the federal bureau to cover everything? host: that is philip's idea. on twitter, a follow-up with the small-business owner we heard from, saying they eliminated business averaging which is hopeful to small businesses with fluctuating income. guest: it guest: under income averaging, if you have a fluctuating in a come -- income, you pay low rates when your income is low, high rates when your income is high. the average maybe higher than if you had constant and come over that time. income averaging the be the ability to average over years and pay tax at a rate equal to the harvard marginal rates that would apply to your average income. it was an attempt to address the fluctuating income problem. host: m
was coined by one of the speakers, great predecessors, tip o'neil, he was here and lit the michigan tree and he declared that it would be an emblem of peace for the nation and the world. and that's exactly the purpose among many that this tree rements. since 1970, every capitol christmas tree has been cut from national foffers from across our great country. it is 73 feet. engel man spruce has been cut from the white river national forest in meeker, colorado. and this has been a statewide celebration when we were chosen as the state from which the tree would come this year and i'm really glad to be here with you tonight. i want to express my gratitude to the ute tribes that are represented here today. their homelands were 1,500 years, they lived in these lands. i would like to acknowledge the utes, because they are a wonderful part of our state and heritage. [applause] >> i have a long speech and normally, i would shorten it because it would be cold out here. for every degree under zero, your speech has to be reduced by one minute, but we do have a wonderful warm evening in which to celeb
Search Results 0 to 7 of about 8